Olymp Trade vs. Tickmill Comparison

This contrast overview assists customers that struggle to select in between Olymp Trade and Tickmill to discover the very best online broker for their trading and financial investment needs. It analyzes the main features of both brokers side by side to assist customers compare their service and make an informed decision.

To help customers select the ideal broker in between Olymp Trade and Tickmill to locate the best-suited system, below is a listing of broker’s benefits and drawbacks, adhered to by a comparison of their primary trading attributes, including trading systems & devices, charges, mobile trading, deposit & withdrawal, possessions, law, and consumer support.

Olymp Trade vs. Tickmill: Summary

Olymp-Trade-logo

Olymp Trade is a multinational binary options broker based in Saint Vincent and the Grenadines. It is not regulated by any tier-one regulator and is not considered safe. Users can trade on various markets, including 35 forex pairs, 12 cryptocurrencies, 10 indices, 4 metals, 2 energies, and 12 stocks. Additionally, users can invest in stocks or speculate on options.

Olymp Trade trading fees are above average compared to similar brokers from the industry, like IQ Option and AvaTrade. They charge low spreads from 0.8 pips EUR/USD and $4 commission per lot on its ECN accounts. Payouts on options are 86.5%. The broker doesn’t charge non-trading or inactivity fees.

Olymp Trade’s customer support is available through email and live chat.

Tickmill logo

Tickmill is a reputable multi-asset broker founded in 2014. It is regulated by two tier-one regulators (the FCA and MiFIDI) and is considered safe. The broker offers access to 700+ trading instruments including CFD on forex, cryptos, commodities and bonds.

Although Tockmill has an professional grade proprietary platform, they offer access to third party platforms and plugins including MetaTrader (MT4 and MT5), CQG platforms for options trading and TradingView charting addons. Education, research and market coverage are industry average.

Tickmill offers the lowest pricing in the industry for active traders. Their pricing on Classic accounts is industry average.

Pros

  • Low minimum deposit ($10)
  • Competitive forex spreads (0.8 pips EUR/USD)
  • Compatibility with MT4 and TradingView
  • Broad range of financial instruments
  • High payouts on options (86.5%)

Cons

  • Higher account tiers come with more benefits
  • Non-transparent overnight fees and margin requirements
  • Limited advanced charting and trading tools

Pros

  • Low minimum deposit ($100)
  • Low average spreads from 0.54 pips EUR/USD
  • Compatibility with MetaTrader 4, 5 and TradingView
  • Free $30 no deposit bonus for beginners
  • Futures and options trading via CQG trading platform

Cons

  • Only offers CFDs
  • No Islamic swap-free accounts available

Key features

  • Access to 65 + forex currency pairs
  • Compatibility with MT4 and TradingView
  • Zero commission stock trading
  • Wide range of available payment methods
  • Low trading fees and high binary option payouts
  • Bonuses of up to 100%

Key features

  • Wide range of CFDs markets
  • Advanced TradingView charting add-ons
  • Real-time market sentiment data directly from the Dow Jones news feed
  • Free access to Tickmill VPS and Autochartist
  • Low average spread (0.54 pips EUR/USD)

Olymp Trade vs. Tickmill Comparison

Select up to 3 Brokers

24Option
ActivTrades
Admiral Markets
ADSS
Ally Invest
Alpaca Markets
Alpari
Alvexo
Amana Capital
AMP Futures
AMP Global
ARMO Broker
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com
Capitalize.ai
Captrader
Charles Schwab
ChoiceTrade
City Index
CMC Markets
Comdirect
Davy Select
Degiro
Dukascopy
E-Trade
EasyEquities
Eightcap
eOption
eToro
ETX Capital
ExpertOption
FBS
Fidelity
FinmaxFX
Finq.com
Firstrade
Flatex
Forex.com
FP Markets
Fusion Markets
FX Trading
FXCM
FXPro
FXTM
GoMarkets
HF Markets
HYCM
IC Markets
IG Trading
Interactive Brokers
Internaxx
IQ Option
IQCent
IronFX
Libertex Review March 2024
Lightspeed
LiteFinance
Magnifi
Markets.com
Merrill Edge
MEXEM
Moneta Markets
Multibank
Naga
Next Markets
Ninja Trader
Oanda
OctaFX
Olymp Trade
OneRoyal
Optimus Futures
OptionRobot.com
Passfolio
Pepperstone
Plus500
Pocket Option
Questrade
RaceOption
Rakuten Securities
Revolut
Robinhood
RoboForex
Sarwa
Saxo Bank
Skilling
SogoTrade
Spreadex
Swissquote
Tastytrade
TD Ameritrade
ThinkMarkets
Tickmill
TMGM
Toroption
Trade Ideas
Trade Nation
TradeStation
Trading212
TrendSpider
Vantage
Vestinda
VT Markets
Webull
XM
XTB
Zacks Trade
Zerodha
Compare brokers
Tickmill logo

Tickmill

Open account Read review

70% of retail CFD accounts lose money

BROKER COMPARISON

Olymp-Trade-logo
Tickmill logo

Overall rating

2,9/5

4,2/5

Overall rating

2,9/5

4,2/5

Trading Platform & Tools

2.8

4.7

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.5

4.5

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $10 if no trades in a month 0
Cost Per Trade 0 Futures $0.85 per contract
Cost Per Month 0 0
Forex (EUR/USD) 1.1 0
Stocks & ETF 0 0
CFD (Gold) 20 0
Crypto 0 0
Options 0 $1.30 per contract
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.5

3.8

See details
Minimum deposit (in UAE) $10.00 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.7

3.0

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 240
Futures 0 800
Bonds 0 0
Forex Instruments 39 62
CFD Indices & Funds 21 26
CFD Stocks 40 0
CFD Commodities 6 3
CFD Crypto 21 8
CFD Bonds 0 4
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

2

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.2

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.2

3.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Olymp Trade vs. Tickmill Comparison Conclusion

The outcomes of our contrast of Olymp Trade vs. Tickmill are involved the table below.

Broker:Best For:
Olymp TradeBinary Options
TickmillCFD trading; High volume traders

Selecting the best selection between Olymp Trade and Tickmill can be difficult. Both on the internet brokers have resemblances however vary concerning trading instruments, systems & applications, regulation, down payment & withdrawals, and research and education. Picking the very best broker depends on individuals’ trading & investment objectives, private preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

This site is registered on wpml.org as a development site.